NEA adds Richard Whitney as venture partner

New Enterprise Associates, the venture capital firm based in Menlo Park, has added Richard K. Whitney to its healthcare and life sciences group as a venture partner.

Whitney will work from Menlo Park, the firm said in a statement. A venture partner is someone who helps a firm find companies to invest in, though they typically don’t have the same full management responsibilities that a firm’s other members have.

Whitney founded Whitney Capital LLC, a private equity investment firm focused primarily on healthcare services and products.

Previously, he served as executive chairman of Specialty Labs.

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